"Estate sale": the two most magic words in New York real estate. How often do you see a pre-war Classic 7 on the market for $837 per square foot? Well, friends, not often. The previous tenant moved in about 40 years ago, according to Corcoran broker Greg Garwood, "and I don't think it's been touched since."
What you'll get for the listing price of $1.675 million: 3 bedrooms, 3 baths, versatile layout, high ceilings, original moldings, and casement windows looking onto West End Avenue and West 104th Street. What you'll need to fix up unit #7A: a complete gut renovation. As StreetEasy commenters are piping in, the place is a total wreck (broker speak: a blank slate!), with parquet is in poor condition and considerable water damage to the ceiling. Factoring in renovation costs at $300/square foot for a $600,000 cherry on top of the listing price, the "bargain" is questionable. Then again, we're talking the tabula rasa of West Side co-ops here.
· Listing: 895 West End Avenue #7A [Corcoran Group]
· Discussion: How much for the wreck at 895 WEA? [StreetEasy]